By: Doris Dumlao-Abadilla - Reporter / @philbizwatcher Philippine Daily InquirerConsunji-led property developer DMCI Homes posted P23.01 billion in reservation sales in the first half of the year, accounting for 57.5 percent of its upgraded target for this year.DMCI Homes, a unit of DMCI Holdings, expects reservation sales—an indicator of how revenues could grow in the coming years as the projects...
August 2018
By: Miguel R. Camus - @inquirerdotnet Philippine Daily InquirerGov’t agency reviewing details of proposed expressway extensionAn elevated toll road linking Bonifacio Global City (BGC) in Taguig and Manila’s Ninoy Aquino International Airport might soon be underway.Alex Bote, who heads the Public Private Partnership (PPP) service of the Department of Public Works and Highways, said in an...
By: Amy R. Remo - Reporter / @amyremoINQ Philippine Daily InquirerIt’s easy to be overwhelmed by the idea of buying a home.After all, there will likely be a lot of pressure riding on such a big ticket purchase particularly if it involves one’s hard earned savings. You will have to identify which development fits both your budget and lifestyle, know how you’ll start the process, check what...
By: Amy R. Remo - Reporter / @amyremoINQ Philippine Daily InquirerIn just a matter of months, upscale developer Rockwell Land will inch closer to realizing its finest artwork creation yet.The 51-storey Sakura and the 56-storey Kirov—the first two of five towers comprising the premium 3.6-ha Proscenium enclave—will be welcoming their first residents this year, enabling them to revel in a...
Philippine Daily InquirerProperty developer DoubleDragon Properties Corp.’s net profit in the first six months surged by 234.2 percent year-on-year to P1.26 billion with the expansion in recurring earnings from its growing leasable property portfolio.Recurring revenues accounted for 39 percent of business in the first semester, growing its share from 29 percent in the same period last year....
Louella Desiderio (The Philippine Star)But higher interest rates, inflation pose challengeMANILA, Philippines — The property sector is likely headed toward historic highs in demand and supply this year despite challenges from rising interest rates and inflation, real estate services firm Colliers International said. While the domestic economy’s growth eased to a three-year low of...
By: INQUIRER.net BrandRoomWhen harmful gases, smoke, and dust enter the atmosphere, pollution happens. Polluted air exposes us to a number of air contaminants that may lead to several respiratory diseases such as asthma, lung failure, bronchitis, and many more. This is why most people choose to stay indoors. However, contrary to what most people believe, the air we breathe inside our homes may be...
By: Glenn San Luis - @inquirerdotnet Philippine Daily InquirerThe improved rating of the Philippines as a destination of choice for tourists has resulted in increased interest and investment in tourism-related facilities. We have seen an upsurge in activities and developments in tourist facilities like resorts, condominiums, condotels, health clubs and other related businesses. Established facilities are...
By: Amy R. Remo - Reporter / @amyremoINQ Philippine Daily InquirerNo other awards can perhaps lay claim to being the most credible and most relevant to the buyers’ actual preferences as The Outlook by Lamudi.It’s a strong claim for sure, but a cursory look at the highly rigorous, stringent processes set by top online property portal Lamudi would be enough proof of this tilt’s...
Philippine Daily InquirerTycoon Andrew Tan-led property developer Megaworld Corp. grew its first semester net profit attributable to parent shareholders by 12.6 percent year-on-year to P7.25 billion.For the second quarter alone, Megaworld’s net profit rose by 13.5 percent year-on-year to P4.1 billion. Six-month revenues from real estate sales rose by 7.6 percent year-on-year to P14.66...
